Bank of Montreal Portfolio holdings
Bank of Montreal (BMO), established in 1817 as Canada’s first chartered bank and headquartered in Montreal, Quebec (with key operations in Toronto), is a major North American financial institution offering personal and commercial banking, wealth management, and capital markets services. Managing hundreds of billions in assets, BMO serves over 13 million customers, with a strong U.S. presence through BMO Harris Bank, bolstered by its 1984 acquisition of Harris Bank and the 2022 purchase of Bank of the West, expanding its footprint to 32 states. Known for its longevity and stability, BMO has paid dividends since 1829, one of the longest streaks globally, and emphasizes digital innovation and sustainable finance under CEO Darryl White. With a global reach spanning North America, Europe, and Asia, BMO blends its historical roots with a modern focus on customer-centric growth.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield
BN
|
+$1.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$636M |
| 3 |
Toronto Dominion Bank
TD
|
+$563M |
| 4 |
Scotiabank
BNS
|
+$505M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$444M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Suncor Energy
SU
|
+$439M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$314M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$209M |
| 4 |
SJR
Shaw Communications Inc.
SJR
|
+$209M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 21.37% |
| 2 | Financials | 18.09% |
| 3 | Consumer Discretionary | 15.83% |
| 4 | Miscellaneous | 12.48% |
| 5 | Technology | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2076
United States Oil Fund
USO
$2.01B
| $849K | ﹤0.01% |
12,240
-632,950
| -98% | -$42.2M |
2021 Q3
6 quarters
|
|
2077
Associated Banc-Corp
ASB
$5.42B
| $849K | ﹤0.01% |
46,194
+4,607
| +11% | +$101K |
2013 Q2
39 quarters
|
|
2078
Zega Buy & Hedge ETF
ZHDG
$31.1M
| $848K | ﹤0.01% |
+51,375
| New | +$835K |
2023 Q1
0 quarters
|
|
|
CHCT
2079
Community Healthcare Trust
CHCT
$404M
| $847K | ﹤0.01% |
23,138
+17,598
| +318% | +$686K |
2022 Q4
1 quarter
|
|
2080
Medpace
MEDP
$16.7B
| $844K | ﹤0.01% |
4,481
+991
| +28% | +$205K |
2018 Q2
19 quarters
|
|
2081
Brunswick
BC
$4.16B
| $842K | ﹤0.01% |
10,249
-93
| -0.9% | -$7.69K |
2013 Q2
39 quarters
|
|
2082
DNOW Inc
DNOW
$2.76B
| $841K | ﹤0.01% |
74,607
+4,929
| +7% | +$61.7K |
2014 Q2
35 quarters
|
|
2083
Tootsie Roll Industries
TR
$2.84B
| $840K | ﹤0.01% |
20,421
+1,034
| +5% | +$41.2K |
2013 Q2
39 quarters
|
|
2084
Autoliv
ALV
$8.28B
| $839K | ﹤0.01% |
8,992
-5,028
| -36% | -$444K |
2022 Q4
1 quarter
|
|
2085
Columbia Sportswear
COLM
$2.95B
| $839K | ﹤0.01% |
9,299
-70
| -0.7% | -$6.27K |
2013 Q2
39 quarters
|
|
2086
Silicon Laboratories
SLAB
$7.42B
| $838K | ﹤0.01% |
4,777
+998
| +26% | +$168K |
2013 Q2
39 quarters
|
|
2087
KFA Mount Lucas Managed Futures Index Strategy ETF
KMLM
$548M
| $837K | ﹤0.01% |
28,132
+26,307
| +1,441% | +$783K |
2022 Q4
1 quarter
|
|
2088
Global X ClimateTech ETF
CTEC
$24.6M
| $837K | ﹤0.01% |
+10,431
| New | +$825K |
2023 Q1
0 quarters
|
|
2089
CALL
Williams Companies
WMB
$84.7B
| $836K | ﹤0.01% |
+28,000
| New | +$865K |
2023 Q1
0 quarters
|
|
2090
Vanguard Tax-Exempt Bond Index Fund
VTEB
$44.5B
| $835K | ﹤0.01% |
16,490
+10,678
| +184% | +$536K |
2022 Q3
2 quarters
|
|
2091
Choice Hotels
CHH
$4.6B
| $835K | ﹤0.01% |
7,118
-13
| -0.2% | -$1.56K |
2014 Q4
33 quarters
|
|
|
JPXN
2092
iShares JPX-Nikkei 400 ETF
JPXN
$139M
| $834K | ﹤0.01% |
13,304
+12,809
| +2,588% | +$779K |
2021 Q2
7 quarters
|
|
2093
Chord Energy
CHRD
$7.49B
| $831K | ﹤0.01% |
+6,167
| New | +$837K |
2023 Q1
0 quarters
|
|
2094
VanEck Green Bond ETF
GRNB
$188M
| $830K | ﹤0.01% |
+36,070
| New | +$841K |
2023 Q1
0 quarters
|
|
2095
VanEck Oil Refiners ETF
CRAK
$609M
| $828K | ﹤0.01% |
+27,146
| New | +$861K |
2023 Q1
0 quarters
|
|
2096
Everspin Technologies
MRAM
$454M
| $828K | ﹤0.01% |
+118,735
| New | +$790K |
2023 Q1
0 quarters
|
|
2097
Essential Properties Realty Trust
EPRT
$5.54B
| $827K | ﹤0.01% |
33,284
-19,767
| -37% | -$487K |
2018 Q3
18 quarters
|
|
2098
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$7.43B
| $827K | ﹤0.01% |
28,304
+9,359
| +49% | +$271K |
2021 Q2
7 quarters
|
|
2099
FIGS
FIGS
$2.34B
| $827K | ﹤0.01% |
133,531
-1,902
| -1% | -$14.6K |
2021 Q4
5 quarters
|
|
|
HUT
2100
PUT
Hut 8
HUT
$10.6B
| $826K | ﹤0.01% |
90,040
-107,020
| -54% | -$909K |
2022 Q1
4 quarters
|
|
Similar funds
Bank of Montreal's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of Montreal held 4,502 positions worth $250B, up 8.3% from $231B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Bank of Montreal's Q1 2023 filing shows 580 new, 1,570 increased, 1,270 reduced and 751 closed positions. Its largest new stake was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M. The largest sale was Suncor Energy, an estimated $439M.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, down from 22% a quarter earlier, followed by Financials and Consumer Discretionary.
- Bank of Montreal's largest Q1 2023 buy was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 236,055 shares worth $28.2M.
- Bank of Montreal added most to Brookfield in Q1 2023, an estimated $1.22B increase.
- Bank of Montreal's biggest Q1 2023 reduction was Suncor Energy, cutting an estimated $439M.
- Bank of Montreal fully exited CI Financial Corp. in Q1 2023, selling an estimated $41.3M.
- Bank of Montreal's ten largest holdings make up 50% of its $250B portfolio in Q1 2023.
- Bank of Montreal opened 580 new positions and closed 751 in Q1 2023.
- Bank of Montreal's portfolio value rose 8.3% quarter-over-quarter to $250B.
Based on Bank of Montreal's 13F filing for Q1 2023, filed 13 Jun 2024.